This is still ongoing for me. When I spoke to my IP they told me that they intended to do a full IE assessment and then use the outcome of that to assess how much of my back pay (i was told to expect to hand over all of it) that I would need to pay as well as by how much my contributions would increase. I got the distinct impression that they were expecting me to hand over all of teh additional income following my pay rise.
So this is my situation:
- NHS pay rise for my wife and I (interlocking IVAs) backdated to 1st April 2018
The rise was applied to our Julys salaries (about an extra £150 NET between us)
The back pay is due at the end of August (about £450 NET between us)
My first payment was 1st October 2017
My proposal states that an annual review will take place no more than three months before the anniversary of my IVA. So we are in that window now. If the IP comes back on Monday and says they want to do an IE assessment then thats fine as that is in the proposal.
Proposal also states that 50% of any excess income generated by a salary increase will be payable from the next payment following the annual IE assessment. Also fine with this too.
Lets deal with this bit first as I'm confused. My mortgage has gone up in the last year by about £50 per month. My payments haven't changed since the increase.
Therefore my IE assessment is going to show an additional income of £100. Thats the £150 pay rise minus the £50 that my mortgage has increased by.
So my question is - should my payments increase by 50% of the increased income amount (£100) or 50% of my pay rise (£150)
Next up - my back pay, a lump sum of £450
This is not overtime, additional work etc so should it be assessed under the 10% 50/50 rule? Im not sure
What this is is my pay increase that I should have been on my monthly salary since April. It wasnt applied in April as the unions were arguing with the government about the % of the pay rise.
If it had gone on since April then according to my proposal this would have been dealt with at my next annual review. Therefore I would have kept the lot until my IE assessment.
If its treat under the 10% 50/50 rule then I wont keep it all which doesn't seem particularly fair as its not my fault the unions argued with the government.
IP is contacting me on Monday and I suspect they are going to try and get me to hand over all of the back pay and all of the pay rise immediately. I am of course going to do no such thing and push back very firmly.
If I could get some guidance around the points Ive raised above then that will help me greatly on Monday.
Good job I come of here really, I suspect a lot of folk may just hand the money over........